In Most Situations,the UCC Uses the Test of ________ for Determining

question 13

Multiple Choice

In most situations,the UCC uses the test of ________ for determining when a person is excused from performing contractual obligations.

• A)commercial impracticability
• B)superior knowledge
• C)frustration of purpose
• D)impossibility

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Definitions:

Attraction

The act or capability of drawing interest or desire, often used in reference to magnetic, physical, or emotional appeal between individuals or objects.

Driving Miles

A measure of distance traveled by vehicles, often used to assess fuel consumption or travel costs.

Equality

The state of being equal, especially in status, rights, opportunities, or distribution of wealth.

Efficiency

In economic terms, this refers to the optimal production and allocation of resources to maximize output with the least waste.